Exam Code: GRCA
Exam Name: GRC Auditor Certification Exam
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
Development staff should:
A. Implement systems
B. Support production data
C. Perform unit testing
D. Perform acceptance testing
Answer: C
NEW QUESTION: 2
Principals who enter into an interest rate swap with the intention of shortly afterwards assigning or transferring the swap to a third party:
A. should make clear their intention to do so when initially negotiating the deal
B. should only reveal any such intentions after the confirmations have been exchanged
C. should agree upon the method of assignment before transacting
D. should never reveal their future dealing intentions to their counterparties
Answer: A
NEW QUESTION: 3
A "re-lock" on a vault door will automatically prevent the bolt mechanism from operating when:
A. All of the above.
B. A timer is used.
C. There is an attack on the door or the combination lock.
D. It is locked by remote control.
E. A switch is flipped.
Answer: C
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